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CPO prices seen at RM4,400-RM4,600 on tighter supply
Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
Malaysian CPO stocks up 9.76% in January — MPOB
KUALA LUMPUR (Feb 10): The Malaysian crude palm oil (CPO) stocks rose 9.76% to 640,781 tonnes in January 2021 from 583,811 tonnes in December 2020, according to the Malaysian Palm Oil Board (MPOB).
MPOB develops nutritious red palm oil-based snacks
KUALA LUMPUR: The Malaysian Palm Oil Board (MPOB) has produced a new concept of snack food with high commercial potential made from red palm oil.
Corn tumbles, palm oil's rival soya rises
CHICAGO: U.S. corn futures dropped on Tuesday after the U.S. Department of Agriculture (USDA) projected supplies of the grain above market expectations in a monthly report, taking prices down from 7-1/2 year highs posted earlier in the day.
Palm oil gains for third day on expectations of weak January supply
Malaysian palm oil futures rose for a third straight session on Monday, tracking strong arrival of soyoil, supported by expectations of weak January stocks and lower production.
Ministry plans to open MPOC office in Saudi Arabia to expand market to Africa, Middle East
KUALA LUMPUR (Feb 9): The Ministry of Plantation Industries and Commodities (MPIC) plans to open a Malaysian Palm Oil Council (MPOC) office in Jeddah, Saudi Arabia to expand the country's palm oil market to Africa and the Middle East.
India's edible oil consumption to shrink for second year as prices rally
MUMBAI, Feb 9 (Reuters) - India's edible oil consumption is expected to contract for the second straight year in 2020/21 as a rally in vegetable oil prices to multi-year highs curbs retail buying, industry officials told Reuters.
Argentine oilseed crushers balm tax hike fears with deal; farmers still wary
Argentina’s oilseed crushers have struck a deal with the government to hold down domestic edible oil prices in a potential salve to tensions after the country’s president threatened to increase food export taxes to contain inflation.
Malaysian palm oil climbs 4pc
KUALA LUMPUR: Malaysian palm oil futures rose as much as 4.6% to hit a near one-month high on Tuesday, boosted by demand optimism and a rally in rival oils ahead of a US Department of Agriculture (USDA) report that is pegged to show tighter global supplies.
Pioneering sustainable palm oil in India
Arokia Samy owns a small eatery in southern India’s Chennai and uses a lot of palm oil. He buys it at around INR 90 (US$ 1.22) a litre from the market and chooses it over other cooking oils because it is cheaper and lends itself to the varied dishes his restaurant prepares.
